Utility
Last updated
Last updated
Announced on January 16th, 2025, Padre has introduced a game-changing utility for the $PADRE token: Revenue Sharing. This utility is designed to reward loyal $PADRE holders while encouraging active traders who contribute to the app's growth.
How It Works?
Hold $PADRE: The more $PADRE you hold in a wallet designated within the Padre app, the larger your share of the rewards.
Boost Rewards Through Trading: Active trading volume within the Padre app increases your share even further, making every trade count.
This dual mechanic not only incentivizes holding $PADRE but also aligns rewards with user activity, ensuring that those who support the ecosystem the most reap the greatest benefits. Next Steps: The exact mechanics of the Revenue Sharing program will be announced on January 30th, 2025. In the meantime, you can get ahead by:
Holding $PADRE in your designated wallet
Increasing your trading volume on trade.padre.gg
2025 is set to be the Year of Padre – this new utility marks a pivotal step in making it legendary.
As part of introducing Rev Sharing model, existing utility tiers have been optimized to make them more inclusive - a new lower tier has been added. Currently available discounts for Padre in-app fees are as following:
Entry: 500 $PADRE and more — 5% discount on fees
Advanced: 1000 $PADRE and more — 10% discount on fees
These discounts do stack with referral discounts, offering even greater savings.
Access to exclusive gated features announced after the initial token launch
$PADRE buybacks and burns are implemented to reward holders and celebrate milestones.
No token fees: on July 24th, the team announced that token trading taxes have been reduced from 2% to 0%.
Large holders are also given access to a special Whale Channel
As Padre evolves, we will introduce even more token utilities to support the product growth, and help expand the ecosystem — this is only the beginning.
